Tyco Appoints Edward C. Arditte As Senior Vice President, Investor Relations

Mr. Arditte will be responsible for communicating Tyco's mission, strategy and financial and operational performance to investors, buy and sell side financial analysts, and other relevant constituents in the investment community. He will report to Executive Vice President and Chief Financial Officer David J. FitzPatrick. Kathy Manning, Vice President, Investor Relations, will work with and assist Mr. Arditte on investor relations matters.

Mr. FitzPatrick said: "We're most delighted that Ed is joining Tyco in this important capacity. He has a keen analytical mind, a solid reputation for integrity, and strong leadership skills. Ed brings to Tyco a wide range of financial, managerial and business experience in global, diversified companies, which gives him the necessary perspective to communicate effectively with both investors and financial analysts."

Mr. Arditte said: "I look forward to joining Tyco's talented finance team and helping them maximize the value of Tyco's businesses. Ed Breen and Dave FitzPatrick have already made progress in building investor trust and we all realize that a best-in-class investor relations program must be built upon trust, integrity and a long-term commitment to building value for Tyco's shareholders. I believe strongly in Tyco's outstanding businesses and am excited about the opportunity to be part of Tyco's future."

Mr. Arditte has broad financial experience in the fields of investor relations, treasury, finance, business development and risk management. Prior to serving as the Chief Financial Officer of BancBoston Capital, Mr. Arditte spent over 15 years at Textron Inc., an $11 billion corporation with global operations in a diverse set of industrial businesses. During his tenure at Textron, Mr. Arditte held a number of positions of increasing responsibility, including Vice President Investor Relations and Risk Management; Vice President Communications and Risk Management; Vice President, Finance and Business Development at the Textron Fastening Systems Group; and Vice President and Treasurer for Textron Inc., where his principal areas of activity were capital markets activities, cash and currency management, investment banking and rating agency relations, risk management and the investment oversight of $6 billion of employee benefit assets.

Mr. Arditte holds an M.B.A. in Finance and Management Policy from Boston University Graduate School of Management and a B.A. in Political Science from the University of California.